2012-10-27
2012-11-04
x europe

STATION
CNBC 21
CNNW 12
CNN 11
CSPAN 8
CSPAN2 8
KQED (PBS) 7
KCSM (PBS) 5
KRCB (PBS) 5
KQEH (KQED Plus) 4
WBAL (NBC) 4
WETA 4
WMPT (PBS) 4
KTVU (FOX) 3
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LANGUAGE
English 122

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>>> this morning on "world news now" -- shut down for sandy. life in much of the northeast has ground to a halt. as we await the arrival of this super storm. >> the warnings have been dire. and now the hurricane looks like it will live up to the worst predictions with 50 million people in its path. it is monday, october 29th. >> announcer: from abc news, this is "world news now." >>> it feels strange to say good morning. it's more like an ominous morning for so many of us today. what a weird monday morning. we have you covered. good morning, i'm rob nelson. >> i'm paula faris. as hurricane sandy will be slamming into the east coast, but its impact is going to be felt across the country. as everything from air travel to the federal government to the stock market is shut down. in the calm before the storm. an eerie silence in times square with mass transit across new york city halted. ahead of the hurricane. not just mass transit, bus, light rail, amtrak on the east coast, airlines, the city is for all intents and purposes shut down. >> nothing, nothing going on. the scope of the

of entertainment studios. caught lightning in a bottle. >> awe of course the big news, hurricane sandy is on a dangerous collision course with the east coast expected to cause havoc for millions of folks who will face property damage as well as some times pretty lengthy power outages as well. >> new jersey and seven other states and the district of columbia, are all under states of emergency. it is the jersey shore expected to bear the brunt of hurricane sandy which is on track to make landfall a little bit later today or early tuesday. >> the list of canceled flights, well as the you can imagine that list keeps growing. more than 7,000,000 scrubbed so far and the ripple effect of the airline shutdowns will be felt across the country for several days to come. now the impact is starting to spread to europe and asia as well as airlines cancel flights to new york, washington and big u.s. cities. of course, the biggest, new york. we are bracing for the worst in the big apple. sandy makes its slow approach. mass transit, comes to a grinding halt. more than 1 million school children are stay

. hurricane sandy brings the city that never sleeps to its knees, leaving millions without power. >> tom: i'm tom hudson. wall street is working on a comeback with plans to reopen stock trading tomorrow, despite heavy flooding in lower manhattan. >> susie: from crippled transportation throughout the northeast to canceled flights, the federal response and potential election impact. we'll have all that and more right here on nbr! >> tom: hurricane sandy is now super-storm sandy as it clashes with another weather system, bringing wind, rain, and snow to parts of the mid-atlantic and northeastern u.s. she has cut a path of destruction, flooding, and massive power outages as the death toll from the storm stands at 17 across seven states. even as sandy makes her way to canada, the destruction is devastating. high winds pushed the atlantic ocean up and over seawalls, flooding entire neighborhoods. the wind and water teamed up to cut power to millions of people along the eastern seaboard. the storm surge even continued today as sandy tracked through western pennsylvania and new york state. the stor

in the program. with 50 million people in her path, hurricane sandy makes her full presence felt in the northeast. the slow moving storm has wall street closed for business, cancelled thousands of flights and shut down countless businesses. sandy's reach stretches hundreds of miles. we will talk about its potential impact on everything from economic growth to energy prices. that and more tonight on "n.b.r."! as we go on the air tonight, hurricane sandy is ready to make landfall in the u.s., already it's an historic storm, with historic prparations. stock marketclosed. and coast lines evacuated with tens of millions of people sitting in the forecast path of the massive storm. sandy is a huge storm expected to come ashore in southern new jersey. but the hurricane force winds have been battering the eastern seaboard for hours. those winds extend out 175 miles from the center of the storm. those winds are pushing the atlantic ocean up and over many coast-lines. from rhode island, south to the jersey shore. coastal flooding is a significant risk thanks to the storm surge, potentially reaching 11 feet

>>> welcome to "worldwide exchange." these are your headlines from around the world. >> sandy roars ashore, the powerful storm dumps a ton of rain on theest coast, knock out power to millions, closes financial markets again an floods parts of lower manhattan. >> and bp hikes it dividend. we hear from bob dudley. >> and ubs will cut 10,000 jobs and wind down its fixed income business. >> plus the bank of japan steps in to boost the economy for a second straight month with another easing move. welcome back, everybody. one hour of the good stuff today. plenty to get through today for hurricane sandy, as well. >> europe went off daylight savings time a week ahead of the u.s. back to full schedule next week. in the meantime, sandy is no longer a hurricane by name, but still making a major impact. storm made landfall monday night along new jersey east koer. still packing hurricane force sandy is expected to weaken, but the rain could linger. already at least ten deaths have been blamed on the storm. u.s. markets will be closed for a second day today. still electronic trading. the last tim

are handling sandy. a storm of a different sort is happening in greece.. the latest on how greek residents are battling back against a tough new round of spending cuts. plus, mega millions-- how pac money is changing the tone of this year's election. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas good morning. it's tuesday, october 30th. i'm angela miles. hurricane sandy takes down the market. broll: wall street sign, empty streets around cboe for the second day in a row-- major trading exchanges including the nyse and cboe remain closed. it's the first time that's happened since 1888 when a blizzard blew through new york. the storm is bringing one benefit. in north carolina a ski resort is opening earlier than ever as sandy drops off several inches of fresh snow in the mountains and a shake up at apple. the senior vp of iphone and the head of retail are both leaving the company. with that we turn to larry shover of sfg alternatives-- it's the second day in a row that the major exchanges will be closed today. what do yo

s will be back on the job. in today's cover story, taking stock of sandy. how much will the storm cost? why traders will have a keen eye on the oil market today, while motorists will watch prices at the pump. and why warren buffett could be heading to a neighborhood near you. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's wednesday october 31st - halloween 2012. in today's first look: it's back to business for traders from wall street to lasalle street. all major exchanges are open for trading after a 2-day shutdown caused by superstorm sandy. it was critical for the markets to open today. it's the end of the month, which means money managers will be pricing portfolios. a conference call is scheduled today for european leaders to talk about the progress greece is making on austeritiy measures to get its much needed bailout. may the force be with disney. disney is buying lucasfilm for $4 billion. george lucas is the creator of "star wars." tres knippa of kanai capital management joins us this mor

we started at 4:00 on the east coast. join us tomorrow morning as sandy makes landfall. >> remember, we want you to be a part of our time. share the pictures with us. letteryoureport at foxnews.com. you report at fox news.com. send us your pictures and stay safe. ♪ ♪ "fox and friends". >> gretchen: good morning, everyone. special coverage for the hurricane, hurricane sandy, size and scope unprecedented and the hurricane wreaking havoc. good morning, it is monday and october 29th. >> steve: meanwhile, we'll take you live to delaware. waves expected to reach heights of 20 feet. >> brian: check this out. looks like snow. it is it sea foam blanketing the shore in north carolina . >> steve: pretty but deadly . we have live teem coverage on the coast. peter doocy in delaware and fox news meterologist maria molina is in the weather center. we'll start there and get the latest on sandy. >> good morning, everyone. sandy has continued to strengthen. hurricane hunters flying through the storm and found that the minimum central pressure lowered 596 milibar accident it is breaking records i

, everyone. special coverage for the hurricane, hurricane sandy, size and scope unprecedented and the hurricane wreaking havoc. good morning, it is monday and october 29th. >> steve: meanwhile, we'll take you live to delaware. waves expected to reach heights of 20 feet. >> brian: check this out. looks like snow. it is it sea foam blanketing the shore in north carolina . >> steve: pretty but deadly . we have live teem coverage on the coast. peter doocy in delaware and fox news meterologist maria molina is in the weather center. we'll start there and get the latest on sandy. >> good morning, everyone. sandy has continued to strengthen. hurricane hunters flying through the storm and found that the minimum central pressure lowered 596 milibar accident it is breaking records in the portion of the northeast as we make landfall and the winds have picked up at 85 miles per hour and more strengthening is forecast before sandy makes landfall. it could have maximum sustained winds then. and stronger gusts are always possible. it is not a hurricane, it is making a transition to a nor'east

to be a pretty bad storm. >>> while you were sleeping, hurricane sandy downgraded to tropical storm sandy. the storm is still barreling north. damage to the campaigns could be catastrophic. >> of the 50 states affecting the president, these state could swing either way. the undecided states of america in focus. >>> she's walking and talking and asking for her school books. the miraculous recovery of the girl they could not kill. >>> rise and shine, saturday, october 27th. thanks for keeping us company. >> i'm victor blackwell. good to have you with us, as well. we begin with tropical storm sandy, which is slowly making its way towards the east coast. the storm is responsible for about two dozen deaths in the caribbean and now it's near florida. while sandy has been downgraded to a tropical storm, expected to regain strength this weekend. >> damage could top $3 billion, that's billion with a "b." the exact location of sandy's impact is still not known. really encouraging residents to prepare right now. several states of emergency including new york, pennsylvania, maryland. a limited state

time. hurricane sandy is also still several hours away from make landfall, but the impact of the storm is already being felt. transportation has ground to a halt as new york and other major eastern cities have shut down mass transit, airlines canceling flights and in new york city, mayor bloomberg has ordered the evacuation of some 375,000 people from low lying areas. the new york stock exchange and nymex are in that evacuation zone and are affected today. those markets plus the nasdaq and cboe will be closed today and possibly tomorrow. cme says it may not reopen to tuesday's session. exchanges, brokers and regulators are worried about integrity of markets and cooperate ensure the safety of the employees on site. the last time the u.s. financial markets were closed for a nonholiday event was after 9/11. the last time the new york stock exchange was closed for a weather related issue was 1985 and that was due to hurricane gloria. the u.s. energy complex could take a hit from hurricane sandy. we'll have an update on that shortly. but first let's take a look at european markets. though w

evening i'm susie gharib. u.s. stocks are trading again, after hurricane sandy forces an historic two-day shutdown. >> tom: wall street gets back to business, as damage and recovery estimates start to climb, plus, what it takes to restore power to millions in the northeast. >> susie: and with stocks open for trading, no surprise, home depot was the dow's standout. >> tom: lots ahead, that and more tonight on "n.b.r."! >> susie: an historic day on here on wall street, after the storm of the century knocked down the financial district. us stock markets resumed operations today after two days in the dark, stocks were little changed: both the dow and the nasdaq fell 10 points, but the s&p 500 gained a fraction. trading here at the new york stock exchange opened without a hitch. the new york stock exchange opened right on time. and as new york's mayor bloomberg rang the opening bell this morning, traders were happy to be back to work. it looked like a normal day, with the buzz of activity, traders milling about. it was anything but normal no one knows that better than larry leibowitz, the

. hurricane sandy, there's been speculation for a week on these building companies. all of them up again today. absolutely remarkable. finally, maria, talk about great timing. guess who's going public tonight? restoration hardware. we need them. maria, it's a very, very small offering. i hear a little bit of a pop tomorrow. i'll be all over that in the morning. >> that's a great company. thanks very much, bob. appreciate it. we'll see you a little later. don't go anywhere. we're all over this big rally and much more on this busy edition of the "closing bell." stay with us. >>> coming up, markets on the move. good economic numbers, but will it carry over if the october jobs report brings bad news? we break it all down straight ahead. >>> plus, brewing profits. maria talks exclusively with starbucks ceo howard schultz about earnings and the effect sandy may have had on his company's supply chain. >>> and insuring stability. aig chief robert benmosche joins maria with his thoughts on earnings, sandy's aftermath, and the treasury department's reported plans to liquidate its remaining shares of his

and watch sandy, watch us. >> gretchen: log on for our after the show show. be safe, everyone. have a great day. sandy strengthens and targets a paralyzed east coast right now. you have new york city basically shut down. coastal areas in new jersey, maryland, virginia, preparing for the worst. this is a massive, massive storm. and it could truly affect people from maine all the way down to north carolina. as far west as the great lakes. that is 900 miles from coast to coast. good morning everybody, i'm martha maccallum, here in "america's newsroom". bill: i'm bill hemmer. good morning of live today from cincinnati, ohio. it is the critical battleground state in the race for the white house only eight days away. sandy making her presence known on the trail. president obama canceling an hour ago a trip he planned to orlando, florida. he will monitor the storm in the white house. the romney team dropping fund-raising e-mails up and down the east coast. over the next two hours we will talk to the voters of this critical state, especially in the southwestern part of the state and talk about why

. >>> sandy recovery operations in the area are winding down this morning thankfully a lot of people have their power back now. dominion virginia is reporting less than 10,000 customers out in the washington area. >> and bge is close to restoring power to all of the d.c. regional customers. dominion has ten customers without power, just ten -- 9news now reporter kristin fisher is at national harbor where some of those power crews are mobilizing this morning to head north and help folks who still are in the dark. good morning to you kristin. >> reporter: good morning, well, we're talking about 1500 skilled technicians from dominion virginia power. and right now they're catching up on some much-needed sleep. but in just a few short hours they're going to be rolling out of here in a caravan of about 50 trucks and their final destination, new jersey. one of the hardest hit areas from hurricane sandy. now that's where 1.7 million people are still without power. that number is down by about a million so power crews are making progress but not fast enough. yesterday governor chris christie said

. >> campaigning resumes as the northeast assesses the damage from super storm sandy. good and big earnings day for oil giants giants. shell sees a fall and exxonmobile due to report before the opening bell. >> growth recovery may be near. official october pmi bouncing back into expansion territory. >>> we're under way just one hour and an awful lot to to get to. >> new york city still struggling to right itself after monday's super storm. one stap he have the big apple will return, the mta will resume partial subway service on 14 lines. la guardia airport will also reopen at 7:00 a.m. with limited service. amtrak says it will try to restore service to penn station come friday. >> homes in bay ahead are seriously damaged or destroyed. president obama got a firsthand look with governor chris christie yesterday afternoon. >> and danielle lee joins us, she's in the town of toms river. and we know this is one of the hartest hit areas. with you tell us how extensive the damage is? >> all of those popular summertime vacation communities are cut off from society. and there are stand reminders, bits o

are gearing up for tomorrow, the first day of fully operational markets in the aftermath of sandy. tonight the cme group will reopen its u.s. equity endex futures and options markets. tomorrow it will resume normal hours of the trading floor. joining me now in an exclusive interis the cme chairman. we appreciate you spending the time with us today. >> thanks, maria. our thoughts and prayers are with you and everyone in new york. >> thank you so much. tell us what worked last night. what with did go operational? what kind of trading are you expecti ining tonight? >> you know, everything pretty much worked. we have with invested tremendously in our back-up facilities. we were up and running with no problems whatsoever. we didn't see a tremendous amount of movement in the market, which i think is actually a good thing for what's gone on in the world right now. so we saw the s&p go from roughly 1407 to as low as 1399 and come back up as high as 1411 when we closed up this morning. we are seeing some activity. the volume i would say is just a little bit off of what it would normally be. >> so a

of the recovery, sandy, remain without power in the storm region. some areas likely to be without -- some of you in the ameri mta as a -- we're getting word from coned, the utility here in manhattan, tre to have electricity restored to the island of manhattan. >> not only that people are using cars more and more to get around because of the public transport limit people with generators need gas line to run them. >> wait until you hear the one on the distraught. i'm going to cancel. it just seems like a bad idea in terms of you drink a little too much. i'm not a big gasoline and fiber. >> and monster drinks are about as far as i'm willing to go on that front, as far as box drinks. >> there's an awful lot of cane in new orleans. >> jim just broke, for a minute it was exclusive. phil jones us talking about mall mali staying at ford. >> we're listening to the conference call where mallalay and -- one thing to keep in mind that's very important is that he did not want to just lead ford because this is a company that has a long and really a bad track record when it comes to ceo succession. he looks at

report on jobless claims and the confidence survey were collected before hurricane sandy. meanwhile, the effects of the monster storm are paralyzing much of new jersey and new york city here's an update: fr and a ha mlion pple are still without power, and it could take another ten days before power is restored. limited flights have resumed at all of the airports in the new york area. public schools are still closed in the city, as well as many schools in new jersey. and filling up on gas is the toughest problem of all. gas stations are running dry, and others do not have electricity to pump gas. motorists lined by the hundreds in new jersey, waiting and hoping for fuel. still ahead, we have more on sandy: flood insurance, the cost of getting power turned back on, and the challenge of getting around america's busiest city. >> tom: october marked a pick-up in private hiring. that's the word from payroll processing firm adp. it says u.s. private payrolls grew by 158,000 positions in october. that higher than expected number comes as adp overhauls how it calculates the number by includi

storms sandy wreaks havoc in the u.s. and canada. >> swiss banking giant ubs announces plans to fire more than 10,000 employees and a treatment from investment banking. >> the man due to challenge angela merkel in next year's german elections denies neglecting his duties as a lawmaker by moonlighting. >> new york is closed for business in the aftermath of super storm sandy, which left at least 30 people dead. >> damages are likely to surpass those of last year's hurricane irene. sandy has move left much flooding in its wake, paralyzing new york's mass transit system and leaving millions in the dark -- sandy has left much flooding in its wake. >> here is more from america's most populous city. >> the storm has moved on, but the water remains. many of the city's road and subway tunnels are still flooded. public transport will be out of action for days to come. the effects of sandy can be seen on the streets -- residents are relieved that the worst is now behind them. >> well, last night, we could look down this street here, and we saw the river coming toward us. it actually look like someth

right now. >> the threat of hurricane sandy has the east coast and wall street on edge. welcome to str"squawk on the street." we're live this time at cnbc global headquarters. we're here because nyc and nasdaq will be completely shut down today because of sandy. no stock trading as well. originally they planned to use the electronic platform to continue nonfloor trading today but now decided to stop trading all together. the first related shutdown due to weather since hurricane gloria in 1985. trading will be suspended in 15 minutes. all other markets will remain open with scheduled break between 5:15 p.m. and 6:15 eastern time. we see red arrows in europe. we'll talk about things driving that action later on. >> we have your bases covered on hurricane sandy and what is at stake for businesses and your family. we begin with scott cohn in battery park. scott? >> reporter: good morning, melissa. this was completely dry just a couple hours ago. what you are looking at here is high tide. this isn't storm surge to speak of yet. it is high tide exacerbated by the full moon and somewhat exace

sorkin. sandy still packing a punch. more than 7 million people currently without power from north carolina through connecticut. there are more than 2 million people in new jersey alone without power today. we'll get an update on the you power situation in new jersey with the president of pse&g, they have 1.2 million customers without pow person by the way, the president is just declaring a state of emergency in new york city. this is something that will free up more federal funds for people here in long island and in new york city and we will have more on that in just a moment. also coming up in the next half hour, we have delaware governor jack markell. we'll get his assessment of the damage to his state and dennis gartman will talk energy and commodity trading. >> lots of damage to report in the new york city area, more than 50 homes were destroyed by fire last night in breezy point queens. just east of cone any islands, more than 170 firefighters were on the scene. and separately more than 200 patients were evacuated last night from new york university's medical center after po

>>> i'm becky quick along with joe kernen and andrew ross sorkin. sandy is ready to strike. we'll take you through the storm. winds are picking up, rain in a lot of areas. we'll also be talking about the decision to close the nyse and nasdaq trading. and as we brace for the storm, power companies around the region are getting ready to deal with the potential after math. we'll talk to the chief operating officer of pse&g right here in new jersey. that's coming up at 6:40 a.m. eastern time. and more than 7,000 flights have been canceled from washington to boston as those cities brace for flooding and high winds. phil lebeau will have a live report coming up at 6:30 eastern time. . as we've been talking about, the new york stock exchange and nasdaq will be completely shut down today with no stock trading at all. originally the nyse had planned to use its electronic platform, but at this point it has decided to shut trading all together. that happened after it had conversations with other u.s. stock markets and with u.s. regulators, including the sec. and this is the first weather

in new york as the region struggles to recover from the super storm sandy. >> syria and eu membership on the agenda and talks between angela merkel and the turkish prime minister. >> european and north african countries have kicked off negotiations on a huge solar energy project in the sahara desert. u.s. president barack obama has arrived in new jersey to tour the devastation left in the wake of super storm sandy. >> obama was joined by new jersey governor chris christie, who is republican, but christie has praised the way the president has handled the crisis. they viewed storm damage by helicopter. obama will also be meeting with residents and emergency workers. >> cleanup work is in full swing on the east coast after sandy flooded cities, washed out bridges, and caused billions of dollars in damage. >> but new york city is making it clear it is back in business. mayor michael bloomberg rate in the opening bell at the new york stock exchange, which was closed for two days. >> the storm killed over 40 people on the east coast and caused unprecedented damage. >> life is slowly returni

are following three big stories for you this morning. while people slowly begin to assess the damage from sandy, a gas crisis is emerging. people lining up for hours to fill up only to find out there is no fuel and no relief in sight. anna kooiman is live in staten island. >> details are emerging about the deadly attack in libya. senior u.s. counter tearrism officials who felt they were being kept out of the loop. the state department never gave that stand down order that we have reported. all of this while the men chosen to protect the u.s. ambassador could not be trusted. peter doocy has the story from washington. >> we are four-days away from the presidential election. it is back to business as both candidates take swings at each other and the lathes jobs number. doug luzader is live with more on that. >>> that's the big question what will the unemployment rate be? this is what economists are expecting 7.9 percent. if that's the case that is a slight increase over last month. both of these guys are preparing for that it will depend on the overall size. >> i think it's a confidence game when

in washington with some words of encouragement in the aftermath of superstorm sandy. we welcome you to "closing bell." mari maria, how are you doing? >> i'm doing well. i'm coming to you live from rockefeller center in new york city. the market closed once again today. it is back to business tomorrow, though, with the new york stock exchange and the nasdaq announcing plans for normal trading hours tomorrow. >> i'm bill griffeth. the superstorm did put the brakes on wall street for those two days. the death toll, unfortunately, continues to rise. millions are still without power across several states and will be for several days. but tomorrow will mark a big step toward normalcy for america an its economy as the stock market gets set to open once again. the big question now is, what happens when that opening bell rings tomorrow morning after such a long hiatus and such a disastrous storm? >> really unprecedented. we have team coverage today. scott cohn with the latest on the flooding near wall street. courtney reagan is monitoring the power outages. jackie deangelis is in a new jersey town. we k

here tomorrow, folks. jenna: fires and blizzard in the aftermath of the killer superstorm named sandy. we're glad you're with us everybody as our coverage continues on "happening now." i'm jenna lee. jon: i'm jon scott. the damage is stagger two days after sandy slammed the entire east coast. neighborhoods are without power and flooded out. dramatic rooftops rescues in hard-hit areas like staten island, new york. new york city subways remain shut down for a second day because of massive flooding. new york not the only place struggling to recover from a monster storm that is blamed for 55 deaths. ohio feeling the sheer force of sandy did. this powerful storm knocked down trees, snapping power lines, leaving hundreds of thousands of folks in the dark there. that is drop this the bucket compared to more than eight million who have no power. at the height of the storm. some as far away as michigan. a big chunk of the outages in new york. check out incredible video from huntington, long island. you can see as sandy rip as massive tree out right by the roots. this monster storm also changin

in new jersey. the new york stock exchange is closed for a second consecutive day due to hurricane sandy. the year 1888 was the last time the u.s. stock markets were shut for more than one day due to weather. the nyse and nasdaq are hoping to reopen tomorrow, wednesday. a key trading day because it's the last day of the month when traders prays their portfolios. meantime, new york city mayor is set to hold a news conference on sandy 45 minutes from now. we will go to that conference once the mayor begins his remarks. we'll hear from a number of ceos about how sandy has impacted their businesses. the heads of hartford financial and landry is among the top executives who will be joining us over the last few hours. how equity index futures are trading. will cease trading in 15 minutes time. the dow and nasdaq pointing d n down. as for europe, the action dominated by deutsche bank and bp. we do see green arrows across the board with a 1% gain in germany. >> at least 16 deaths blamed on sandy as the storm continues to wreak havoc on the northeast with new york and new jersey dechaired major

of last resort but pay phones are suddenly in demand on the east coast in the wake of superstorm sandy. the cbs 5 consumerwatch reporter julie watts tells us people who use pay phones often get a wake-up call when they see the bill. julie. >> reporter: that is right. with 25% of the new york city cell towers wiped out new yorkers are now lining up to use pay phones. and here in earthquake country we're just one tremor away from a similar situation but next time you're forced to use a pay phone you may be in for a surprise. [ beep ] >> reporter: it may have been a while since you've used one of these but the next time you make a pay phone call you'll need more than a quarter. try 20 bucks. >> that's pretty extreme. crazy. >> reporter: that's the holding fee that showed up on our bill weather we recently used a debit card to make a 20-second call at this pay phone from the airport to our station merely 13 miles away. the sign on the phone says a domestic call costs 8 contrary to the recording which quotes another pay phone rate. >> on the first minute charge will be $6.97. each addition

. the biggest storm in generations shut businesses up and down the east coast. sandy knocked out power and halted travel and flooded entire neighborhoods. at least 40 people were killed in the united states. >>> sandy transitioned from a hurricane to a post-tropical cyclone by the time it hit shore. most people had never seen anything like it. the center of the storm, now over southern ontario moving east. it's left a trail of destruction. a power station in manhattan exploded on monday during the height of the storm cutting electricity to much of the borough. reuters reports at least 8 million peoples and businesses across several states are still without electricity. new yorkers can get around more easily now that buses are running again. but city officials say it will take at least a week to restore rail, water and other services. sandy has been losing strength since monday. its maximum momentary wind speed is around 65 kilometers per hour. the storm has pulled a mass of cold air from the north. snow is falling across eight states. some areas got more than 60 centimeters. and sandy'

at $62.71 and someone is going to come up in $63.38. >> for caterpillar talking about impact of sandy. it's not all good. they saw a boost of generator sales but other parts of the business are experiencing delays because equipment isn't where it's supposed to be. generac out with earnings raising revenue for the year. this is one that's experiencing a huge pop in the premarket on the back of this. it's a pure generator play. what they say is that there is a need for generators. beyond the hurricane people are going to realize they need generators. they are experiencing a power outage. no more. i won't go through this again. an older demographic shift requires constant power. >> this is something david and i were talking about. it's not one and 100. 2 and 100. it's every other year. the generator may become standard for a lot of people who can afford them. they're not cheap. >> businesses as well. plenty of businesses experiencing power outages. restaurants with perishable foods that need to be thrown away at this point. maybe that underscores the need for these things. that stock is movi

. is the number really as good as it looks? >> the death toll from sandy now stands at 94 as more than 3 million homes still without power now facing colder weather, gas lines stretch for miles and controversy surrounding new york's decision to hold the marathon this sunday. >>> the ipad mini on sale but lines are shorter than expected. we're live at apple stores for the reaction. >>> and starbucks, same store sales up 7% well above expectations. what is howard schultz doing that mcdonald's, chipotle and other restaurant chains are not? >> the report before tuesday's election. nonfarm rose in the month of october above forecast of 125,000. august and september figures were revised higher, 184,000 private sector jobs were added last month. the unemployment rate ticking higher to 7.9%, but this was in line with expectation. it is the private company jobs addition that are the real highlight. government hiring contracted, so with all the private sector that was behind stronger than expected number here. >> that despite the fact it seems businesses have been reluctant to make significant additional

for insisting on holding the race. as the city struggles to recover from super storm sandy. you can see this damage appeared this is just a sampling at least 90 people have been killed in 10 states. and nearly 4 million homes and businesses are still without power. some sections of the york city have not seen any aid since the storm hit on monday. >> s.i., the hardest hit of the new york's boroughs. and according to residents the most neglected. >> this is a disaster. >> they forgot about us. , this is a disaster. they are pleading. >> we are going to die! we are going to freeze. >> the storm surge pushing boats inland with entire homes swept off their foundation. half of new york's police fatalities died here. -half of new york's -- fatalities. with young boys being ripped. >> no cameras! >> this man was initially hostile and denied the woman's story. >> she did not see the woman's story. one controversy put to rest as mayor michael bloomberg cancelled sunday's to your marathon. there are rows and rows of boxes of food for the marathon runners. >> the untouched resources turning into a

coverage of hurricane sandy, 7:00 p.m. eastern time on cnbc. >>> i always like to say, there is a bug mmul market somewhere. i'm cramer. welcome to cramerica. my job is not just to help you, but to entertain you. we have this once in way life time two-day pause in trading thanks to our unwelcome guest, sandy. and this miserable nation pounding hurricane has stimyed my ability to talk about the market, because alas we didn't have one. for me, it is right smack in the middle of earning's season. and then draw some mid season conclusion that can give us a sense of what awaits us in the final months of do 12. the report is so stark that we have to go over them right now before it starts up again tomorrow. first, our company has spent years and years and years trying to distance themselves from what seemed to be the no growth usa market. the unified currency opened up the market that was right for us expansion. second, they took part in a tiny grab that has provided us earnings for several years now. we are making the move to comment on the conference call that gave you hope that a company's bu

'll update you on the ongoing recovery from hurricane sandy. after the better part of the week without heat, light and other necessities millions in the new york city are desperate for some relief. so a bit of good news. hundreds of thousands in manhattan could get power back by midnight tonight. yet around the region, many are waiting as long as four hours to buy gas. fortunately new york's subway commuter rails are coming back and officials say the gas shortage should ease by midweek. meanwhile, the annual new york marathon has been canceled. many said it would divert needed resources from the cleanup and it was insensitive to the millions still suffering from the effects of the storm. adding up the sandy's grim totals. at least 102 dead including 41 in new york alone. some 3.6 million homes and businesses still without power. and $50 billion in losses. and now for some good news for the economy. the president's re-election campaign. the economy beat a consensus of economists expectations added 184,000 new jobs last month and the private sector while it shed 13,000 public sector jobs, net

thanks to our unwelcome guest, sandy. and this miserable nation pounding hurricane has stymied my ability to talk about the market, because alas we didn't have one. that doesn't mean we can't use this break in the action to refocus and try to make some money. for me, it is right smack in the middle of earning's season. i've been able to read twice as many conference calls. and then draw some mid season conclusion that can give us a sense of what awaits us in the final months of 2012. the report is so stark that we have to go over them right now before it starts up again tomorrow. first, our company has spent years and years and years trying to distance themselves from what seemed to be the no growth usa market. the unified currency opened up the market that was right for us expansion. second, they took part in a tiny land grab that has provided earnings for several years now. we are making the move to comment on the conference call that gave you hope that a company's business could have another leg up somewhere down the road. china play became a prize possessions on wall street. ♪ halle

of incredible devastation in sandy's aftermath. here in new york city, a truly heartbreaking scene. a fierce and violent fire wiped out rows and rows of homes. the threat that remains. people trapped in their homes, waiting and hoping someone will come. and right now that crane dangling over the manhattan skyline, threatening to crash down. >>> the other side of the storm. a blizzard. we take you where an incredible amount of snow is causing huge problems tonight. let's go "outfront." >>> i'm erin burnett. i want to welcome our viewers around the world tonight. "outfront" tonight, the wrath of sand ooec sandy. devastation as far as the eye can see and the death toll still rising. 33 people in 8 states have lost their lives. over 6 million people in the northeast and mid-atlantic are without power. and the estimated cost of the storm is truly stunning. right now this say very preliminary estimate, it will go higher, it could be as high as $20 billion and only for lost business and property damage. to give you a sense of the storm's power, we want to show you this video. that is a tree being u

. but in spite of the tragedy, in our own curious way, sandy has given us the opportunity for a boost since the government rebuilt southern florida after hurricane andrew in 1992. a reconstruction so huge, it moved the country's entire gdp needle just when we needed it, after right a nasty recession. and now that we've assessed the damage, or we're trying to at least, i'll have to tell you one thing. i think this looks like a possible replay of that hugely bullish. ford with terrific numbers because they're connecting with the building materials industry. those stocks performed best today with the ones that took matters into their own hands. we spoke to queen harbors after it bought safety queen. queen harbors may have been up huge anyway, simply because, well, it's queens harbors. buyers love the acquisition. 18% gain for the good guys. two other companies that want to make you money. just in the last couple days. eaton will soon close. cooper industries created a new industrial gain. and we have pvh, which announced it's taking over warner-co. how sweet is this deal? it caused pvh, the ac

was shut down because of sandy. this morning futures down by about two points. nasdaq up by about 2 1/4 points. >>> jfk and newark airports both operational on wednesday, but saw very few flights. jpk is seeing more arrivals than departures, but net back to normal. courtney reagan is at laguardia this morning. >> reporter: good morning. so we haven't yet seen a plane take off here. the first plane is scheduled to take off in about 40 minutes from now. i've been here for over an hour and i got to say, i have never seen laguardia so quiet. i think there are more employees here than passengers. and i went counter to counter and american airlines basically said when i asked how many flights were scheduled to take off, it is very, very limited. he said it will keep changing all day long. air tran said they don't have a plane taking off until 1:00. it's like you were talking about earlier with that coordination, you have to get all the people in the right places. so i think laguardia will see what jfk and newark saw yesterday with more arrivals than departures. normally about 1,000 flights

in the area impacted by sandy? that's the big question this morning. joe knows this very well, on my way in today, i had to take a taxicab for $125 because jeeves was this line to get gas, he was out of gas. >> i tried to take a car, my guy who i call -- he is not, but he nights as well be a former -- he has never failed. on on tuesday he came. and there have been snowstorms in the past where we've gone off the road, around, jack moved tractor trailers to get here's couldn't get gas. and so then i had to use -- i had a certain amount left in reserve. my gas tank is locked because people are siphoning now. >> it happened to one of our producers. >> there are people with guns. first 12 lines have to to do with troopers being there, you're not getting gas, people pulling guns, fights, frustrated. i saw something, and mill burn is a pretty of a through event community. and this one gas station finally got power, in addition to a five hour wait for cars on the other side, there were people, i don't know, somehow reminded of almost leak refugees. probably 120 people all with gas cans and three

of kids. let's get to lower manhattan. lower manhattan is springing to life today after super storm sandy hit the area, flooding the battery. the new york stock exchange is set to ring its opening bell today after being closed. for the past two days, scott cohn reports from lower manhattan right now. scott? >> good morning, andrew. the red, white, and blue lights behind me are symbolic at the new york stock exchange. they came on about 10:30 monday night as the storm was just make its way through here as people were frantically trying to keep water out, ultimately in vain. but power always stayed on here. this building always stayed dry. that's an important symbol. the question is whether it can be more of a symbol today as they try to get the markets back up and running. we've seen a lot of people arrive here, technicians and so on trying to make sure that their connections from the exchange to the outside world, wherever their firms are, wherever their trading desks are are going to work. but it's going to be a huge challenge. other than this little island of electricity here, there is

good afternoon, everyone. i'm anderson cooper this is cnn special coverage of superstorm sandy, the devastation, the rescues, the early efforts to recover and most importantly to rebuild. i'm live in new york city from a balcony of the time warner center. just over my should, the chanced crane still dangling over 57th street, the entire area still blocked off. the storm claimed least 50 lives in the u.s. and one in canada. a woman who was hit by storm-tossed debris, damage is expected to run into tens of billions of dollars. and today, a new challenge, looters breaking into businesses. >> people coming out with all kinds of stuff, everything. whatever you can think of, from juice and sodas, waters, cigarettes, tvs, anything you can think of, they were getting it. >> 9,000 people spent the night in red cross shelters spread across 13 states. national guard troops arrived overnight and are rescuing families trapped by floodwaters in hoboken, new jersey. we learned today that the navy is sending three amphibious landing ships to the coast of new york and new jersey in case they're

in sandy's aftermath. tonight, the death toll rising as we get a clearer picture of the damage across the east coast. we'll take you to a neighborhood wiped out during a fierce fire sparked by sandy. >>> plus, the threats that still remain. a collapsed crane still dangling want to over manhattan. an area where tonight some people are trapped, surrounded by water. >>> and the other side of the storm. a blizzard. we're going to take you to where an incredible amount of snow is causing major problems tonight. let's go "outfront." ♪ >>> good evening, everyone, i'm erin burnett. "outfront" tonight, the wrath of sandy. when we all opened our eyes this morning after experiencing first-hand the unrelenting power of last night's record-breaking hurricane, the more than light revealed unimaginable destruction in sandy's wake. >> make no mistake about it. this was a devastating storm, maybe the worst that we have ever experienced. >> the level of devastation at the jersey shore is unthinkable. >> the death toll tonight, at least 30 people have died across eight states. nearly 8 million people

viewers, the wrath of sandy. devastation as far as the eye can see and death toll is rising. 33 deaths across the country. many are without power tonight and the estimated cost of this storm is you truly stunning. right now, this is a very preliminary estimate, it's going to go higher. it could be as high as $20 billion and that is for lost business and property damage. to give you a sense of the storm's power. we wanted to show you this video. it's a tree being up rooted. these images are a testament of what officials are calling one of the most powerful storms in history. >> make no mistake about it, it was a devastating storm. maybe the worst that we have experienced. the level of devastation at the jersey shore is unthinkable. >> unthinkable and the destruction is not over yet. we want to show you new picture approximate s in tonight from new jersey, the boats tossed into each other. boats were tossed into the roads. flood waters have turned neighborhoods into islands and for many people the only way out is by boat. rescues of stranded residents is happening on live television and

sandy. >> this was a large storm. >> the secretary of homeland security. >> roughly the size of europe. >> the federal government will not quit until this is done. >> thank you fema fema is about to run out with money. >> 88 hours in ohio. >> president obama on the ground in ohio vernlg the center of the political universe right now. >> right here in ohio. >> you know that i'll fight for you and your families. >> it is all about ohio. >> do you want more of the same or do you want real change? >> and governor romney will be in aetna, ohio. >> this is about eric mac. >> the salesman versus the storm. >> we're going to win on tuesday night. >> all the battlegrounds look winnable for the president. >> we're really down to the last seven states. >> it is still all about the economy. >> we've made real progress. >> you've got this jobs report, the unemployment report. >> definitely a strong jobs report. >> stronger than expected. >> that's good. >> unemployment is higher today than when barack obama took office. >> he is about as hollow as the tin man. >> if we don't run candy crowley, romn

's a very big deal here, christine. >> all right, poppy harlow in iowa. thanks, poppy. >>> hurricane sandy destroyed homes, cars, and lives, as people pick up the pieces, who picks up the bill? i'll have the answer right after this. jenna shared her recipe with sharon, who emailed it to emily, who sent it to cindy, who wondered why her soup wasn't quite the same. the recipe's not the recipe... ohhh. [ female announcer ] ...without swanson. the broth cooks trust most when making soup. mmmm! [ female announcer ] the secret is swanson. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> a live picture of new york city, saturday morning in new york city just days after super storm sandy ripped through the east coast, we're here with a live edition of "your bottom line." this is f

're in "the situation room." >>> but we begin with the destruction from sandy. homes and livelihoods destroyed. now lying in piles of rubble that stretch for miles across the new york city borough of staten island. cleanup is underway. and with every new layer of debris that's removed, the tragic stories emerge of the residents whose lives have been turned upside down. cnn's brian todd is on the scene for us. brian, what are you seeing on staten island right now? >> reporter: well, wolf, at just about every house you go to in the section of staten island you hear horrific and pretty detailed stories of just how bad the storm was. here's the story of one man who took a few hits. if you can't imagine what it's like to suffer through a massive storm, listen to nick. >> the water was so high. it was up to this part of the door. i couldn't get into the door. i went around the side of the house. and i stood on a box that was floating. and i went through the window to get back in the house with my family. >> reporter: taking us through his house on staten island, the retired ups truck driver says he

. and right now sandy, the super storm so s. heading up the east coast leaving death and destruction in her path. we have the latest from the fox weather center for you. >> and permission denied. new details about the terror attack in benghazi. the men on the ground ask for help and it was rejected. could four dead americans been saved? we talk to ambassador john bolton coming up next. >> plus, the latest g.d.p. report shows our nation's economy growing at a mere 2%. and that anemic growth could be because of government spending. where is the recovery? "fox & friends" begins now. it's ominous morning this morning as we begin to see what sandy does on the east coast. tropical storm the. >> the cold front coming from the west one monster slow moving storm so its effects can be felt for a few days. has sites set on the united states. rick reichmuth has been following sandy's path. so i get, rick, that's good news. others say it can be worse than irene. >> don't pay attention to it being downgraded. it doesn't mean anything. it's not really completely a tropical storm. it's going to be transiti

of superstorm sandy. here's the latest. more than 6,000 households in the new york area are still without power. hundreds of patients at bellevue hospital had to be evacuated when the backup generators ran out of fuel. in new jersey, at least 6,000 people are still in shelter. today president obama got a first hand look at the damage with governor christie. >> i've instituted a 15 minute rule with my team. you return everybody's phone calls within 15 minutes. if they need something, we figure out a way to say yes. >> i cannot thank the president enough for his personal concern and compassion for our state and for the people of our state. >> prior to the storm christie, the republican had been a fierce critic of the president. today christie said that he and the president are both big boys, and when it comes to getting something done, he doesn't care what party he's in. >>> cbs 5 reporter joe vasquez. >> reporter: this is one of the hardest hit shore communities, world famous town, largely because of mtv's jersey shore. snooki and her friends spent several summers on tv here. the ferris wheel an

since hurricane sandy hit. mitt romney has an event starting any minute now in roanoke, virginia. and we'll wait to see today's tone on the campaign trail, but it's been noticeably softer from romney since the storm. now, we continue to see absolutely devastating pictures from sandy. 74 people are now dead. 5 million still without power. this morning, president obama was briefed again on the situation by fema officials. yesterday, he spent four hours touring the damage and meeting with people in new jersey. in an emotional moment, a marina owner came to him in tears. he promised her she's going to get the help she needs. >> we are with here for you. and we will not forget. we will follow up to make sure that you get all the help that you need until you've rebuilt. >> well, it's unprecedented timing. this is all happening just five days before the election. the latest round of nbc news wall street journal polls show the president leading in iowa, wisconsin, and new hampshire. but it is still very close. let me bring in washington post columnist dana millbank and molly ball. good morning.

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